Quarterly Reports: Market trends In First Two Quarters Of 2017

Realogics Sotheby’s International Realty (RSIR) presents a look at the housing market trends for the first two quarters of 2017, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.

Seattle | Single Family Homes

Prices continued to exceed seller’s expectations in Q2-2017, as the median sales price reached $718,000, an increase of nearly 13% compared to 2016.

Eastside | Residential

Notoriously anemic supply continues for communities on the Eastside, as inventory decreased to just 0.8 months with a spike in the average list price, up $300,000 from last year.

Bainbridge Island | Residential

Much of the region is experiencing decreasing inventory, but Bainbridge Island saw a rare increase in months of inventory for Q2-2017, up to 2.1 months compared to 1.7 in 2016.

In-City Living

Seattle | Condominiums

Inventory continues to be scarce at just 0.7 months, as the average list price increased by $180,000 year-over-year and days on market decreased over 10% compared to 2016.

Market Trends Around the Sound

Realogics Sotheby’s International Realty Research Editor William Hillis presents the Semi-Annual Report, which takes a deeper look at trends in fifteen of the key markets in the Puget Sound region.

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Information has been obtained from sources deemed reliable but cannot be guaranteed. Viewer is advised to consult their financial experts before relying on data or opinions expressed herein. E&OE. Sotheby's International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned And Operated. Seller reserves the right to change product offering without notice.